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20130411
20130419
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CSPAN 6
CSPAN2 3
CNBC 1
CNNW 1
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English 14
Search Results 0 to 13 of about 14 (some duplicates have been removed)
CSPAN
Apr 16, 2013 11:00pm EDT
to be confronted in the next weeks and months as you and the chairman pointed out is the debt ceiling. i hope we have all learned from our experience in the summer of 2011 that it is irresponsible and reckless for the united states to suggest that it will not meet its financial obligations. the there's bondholders, social security recipients, due to other people have contracted with the united states government. in the house in the next couple weeks, we are expected to take up a bill that says, you know what, we can prioritize their deaths. based on that book take on first, but other debts and obligations including this congress have taken on, they don't have as high a priority. could you, mr. secretary, secretary of the treasury comment on what impact it would have on our economy and the signal is sent to the international communist united states were to default on any of its obligations? >> congressman, that notion you prayer a case which is the obligation congress authors should be paid is one that just doesn't work. hhs would obligation your defaulted non. we have never in the history defaul
CSPAN
Apr 14, 2013 10:30am EDT
will not negotiate around the debt ceiling. you for your testimony to date. i want to spend some time talking about the presidential proposal. on this question of debt and how we are right, is it fair to say that the 2001 bush tax cuts but was not paid for at the time by this congress added to this country's debt burden? >> there were two wars that will were not paid for. >> as a result of the collapse, andook a $22 trillion hits necessitated a substantial bailouts by this institution. both of which added to our debt burden. is that correct? to the fourates were looking plans that you it does seem to me to be forward-looking plan despite suggestions to the contrary. we are in a very peculiar situation as it relates to our recovery under the administration. it has 6 million private sector jobs that have been created. we have corporate profits at a double high. we have saw market at near all- time highs. the productivity of an american worker is at an all-time high. highloyment remains itself. we have somet economic indicators that seem to suggest we're doing well but others suggest we have a ways to
CSPAN
Apr 11, 2013 12:00pm EDT
without a lot of trauma drawn on and on time. the debt ceiling issue approaching as later this summer we have an opportunity. the house is going to move now and put its priorities in place in the senate what do they agree or not we are going to move now and early to reassure people america will pay its debt but to reassure investors and those watching we are serious about tackling our problems. >> host: has sequestration affected your district? >> guest: it hasn't and in fact we talked in our town hall meetings we do a lot of them, people just sort of kind of laughed when we talk about a 500 lb government being forced to lose 10 pounds. people know it's just a small step. they are upset that it looks like the white house is choosing to inflect political pain on the community such as closing local air-traffic towers but for the most part, they think it is a small but important step in the right direction. >> host: was it a political victory for republicans? >> guest: i think it helped reassure americans that we were serious about making some small but important steps in the right directio
CSPAN
Apr 12, 2013 10:30pm EDT
by the republicans in the house to increase the debt ceiling. at the end of the day, we got $2.5 in spending. restrapets that was the cap and the sequester. there's been repeated efforts by democrats in the senate and the white house to undue that agreement of august 2011, but it has held. the sequester is holding despite not letting kids go through the white house or the easter egg hunts and not letting the blue angels fly. this is the boy cried wolf kind of thing. at the end of the day, taxpayers won that fight. those who believed in d.c., you had to raise taxes in order to get any spending restraints. we're wrong. we got the -- they were wrong. obama -- president obama is again saying i will never let you cut the budget unless you give me tax increases. he said that for the last three years and he has lost several times on that fight. does he want to have spending restraint or entitlement reform? don't think so. democratic senate with 59 or 60 votes. he woke up every morning and he could have reform entitlements but he didn't, he went to bed. someone could do something for 00 days like qu
CSPAN
Apr 18, 2013 1:00pm EDT
for a debt ceiling piece of legislation that would be considered. i would hope, as i said last week, that we could deal with in a nonpartisan, bipartisan, nonpolitical fashion the protection of the credit worthiness of the united states of america and to the maintenance of america's credit rating. it was reduced for the first time in history when we had a debt cliff debate in 2011, and we were reduced by one point in the credit worthiness of our country. that was unfortunate for our country. president reagan said in 1986, unfortunately congress consistently brings the government to the edge of default before facing its responsibility. this brinksmanship threatens the holders of government bonds and those who rely on veterans' benefits, interest rates, etc., would skyrocket if we did that. he was then urging the democratic congress and republicans to support the increase in the debt, which as you know, was done. in addition, keith hennessey who was george bush's national director counsel, payment prioritization doesn't stop payments, it just delays them. then the party sues the government and
CSPAN
Apr 15, 2013 5:00pm EDT
that was demanded by the republicans in the house for the increase in the debt ceiling. at the end of the day, we got 2-1/2 trillion in spending restraints. the caps and the sequester, have been repeated efforts by democrats in the senate and the white house to try and undo that agreement of august 2011, but it's held. the sequester is holding. despite the historianics of not having easter egg hunts or not letting kids go through the white house, not letting the blue angels fly. they do that and looks silly, the boy who cried wolf. and at the end of the day we taxpayers won the fight, and those who believed in d.c., you had to raise taxes, in order to get any spending restraint, were wrong. we got suspending restraint without the tax increases. obama -- president obama is again saying'll never let you cut the budget unless you give me more tax increases. he said that the last three years and has lost several times on that fight. so does he want to have spending retrain or spitelement reform? -- restraint or entitlement reform? i don't think so. just look backwards. his first two years a democrati
FOX News
Apr 14, 2013 1:00pm PDT
on entitlements and we have the debt ceiling which we run up against in july again, and all of that is a recipe for a deal and if there is no deal and i am wrong and it doesn't happen, we are in for troubled times. >> the economy is getting worse for ordinary people. >> i don't think you can look at this, what washington doesn't care about is what is happening to the average american, what they are care about. we are told the storm is great because the fed is printing money like crazy. and to build up assets for banks but no one will stand up. what we have is a set of policemen dynamics which are relevant to so many americans. >>gregg: the taxes are kicking in, employers are dropping their obama health care or they are switching to higher workers' contribution and people with their own coverage are paying higher premiums. >> it is already beginning. you can see the unintended consequences. >> contributing to the decline in the president's levels? >> it is only going. for four years, when any us, anyone watching, goes to the drugstore and cannot get something or the price is higher or a doctor i
CSPAN
Apr 11, 2013 1:00pm EDT
of what we call the debt ceiling which lets the country borrow money to pay its bills. as a part of that agreement, a large number of people from both parties voted for something that hasn't turned out very well. and it's called sequestration. this is a word that gets tossed around in this chamber. it is having a real and negative impact on the country. i just came from a hearing of the armed services committee where the chairman of the joint chiefs of staff and the secretary of defense told us that nine battle groups and three bomber groups of our air force and our navy planes have been grounded. about 1/3 of the nation's air capacity isn't flying. across the country today, people who are on medicare, who need chemotherapy treatments from their doctors offices are finding that many doctors are declining to do chemo therapy treatments for cancer patients because of the cuts that take place in sequestration. i met earlier this week with employees of the naval sea systems engineering command in philadelphia whom i represent. they're looking at a 20% pay cut because of furloughs. th
CSPAN
Apr 12, 2013 9:00am EDT
approaches the debt ceiling to say, how are we going to tell the people that we are going to pay off the debt that we've now gone ahead and incurred? and i think a little bit of forethought here, planning into the future, how we're going to pay the bills is the emphasis. and i've always agreed, as the gentleman said, the debt ceiling is something that is necessary for the operations of government. we'll bring a bill forward that will ensure that we don't go into default, but i do think that we should be mindful of how we're going to tell the public we're going to go in the future and pay off these debts. because as the gentleman has many children and grandchildren, he doesn't want his kids nor do i want mine to be shouldering the debt and paying our bills. we should be really committing ourselves not to just borrowing more, not to just taking more from taxpayer dollars because we've done a lot of that this year already. the gentleman talks about the need to proceed with revenues. we already have close to $650 billion i of additional static revenues, taxes that are accounted for because of the
CNN
Apr 11, 2013 6:00am PDT
is going to be positive, though, carol, we'll see some structure for deficit reform. because the debt ceiling debate that's coming before us. >> let me tell you why you are not easing my indigestion, i am afraid of what success may look like. >> nobody gets all that they want. and it's about time we started to come to some sort of agreement on something. although the background check isn't the best, at least they came to some sort of agreement. when was the last time that happened? >> and the public is engaged in the debate, and the public demanding action from legislateors. that's critical. >> we are taking on so many issues, agreement isn't always to be celebrated. on the issue of background checks, i don't think it's a compromise worth having. >> okay, well, i'm kind of depressed by you today, will. >> sorry. >> will kain, robert zimmerman. >>> talk about a spoiler alert. kevin bacon of "the following" reveals a major plot twist and now he's apologizing. carfirmation. only hertz gives you a carfirmation. hey, this is challenger. i'll be waiting for you in stall 5. it confirms your
CNBC
Apr 18, 2013 9:00am EDT
're going to get a public policy flare-up like we had in '10 or '11 during the debt ceiling debate or what happened during the whole election process which so influenced business confidence a year ago. so those two factors are better than they were each of the last three years. the growth piece is similar. on balance we think that adds up to something less than those prior three-year corrections. but close to at least last year's. >> there are some interesting calls in that analysis. barry, thank you very much for your time. barry knapp there at barclays. >>> switching gears a bit from the broader markets to technology, specifically apple and its slide back below $400 today. does the news out of verizon offset all the bad news we got from supplier cirrus yesterday. dan niles, is the cio of alpha one capital, he's been negative on apple shares for six to nine months or so. joins us on the news line today. dan, welcome back. >> thanks, carl. nice to be on. >> does any of the activations of the iphone out of verizon negate or offset what spooked us from cirrus yesterday? >> not at all. verizo
Current
Apr 15, 2013 3:00am PDT
or not there is going to be a bucket deal probably in two months a lot of the debt ceiling. >> beep on guns. bi-partisan on immigration. maybe we can get to where we have bip beep on the bucket. in connection cook good to have you with us. follow her at national journal.com and i will be back and tell you what the president is up to today. >> this is "the bill press show." can become major victories. i'm phil mickelson, pro golfer. when i was diagnosed with psoriatic arthritis my rheumatologist prescribed enbrel for my pain and stiffness, and to help stop joint damage. [ male announcer ] enbrel may lower your ability to fight infections. serious, sometimes fatal events including infections tuberculosis lymphoma, other cancers, nervous system and blood disorders, and allergic reactions have occurred. before starting enbrel your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. you should not start enbrel if you have an infection like the flu. tell your doctor
CSPAN
Apr 11, 2013 7:00am EDT
. the houseebt ceiling, will move now to put its priority in place. we will move now early to reassure people that america will pay its debts. we are serious about tackling our problems. affected sequestration your district? guest: it has not. people laugh when you talk government0-pound being forced to lose 10 pounds. closing local air-traffic towers. they think it is a small step in the right direction. host: was it a political victory for republicans? guest: it helped reassure americans that we were serious about making some small but important steps in the right lowerion, walking those levels in was important -- locking those lower levels in was import. i believe we have the political courage to get this done. we have laid out courageous steps on medicare and medicaid to solve those. the president is willing to take some small steps towards us. host: wallace is a republican in dallas. caller: good morning. thank you for taking my call. police officer and i collect revolvers. my comment for the representative is that i have been leery when the government starts talking about protecting my
Search Results 0 to 13 of about 14 (some duplicates have been removed)